BUSA 4110 - Practical Business Analytics

3 Credit Hours

Prerequisites: BUSA-3110.
Corequisites: None.
Pre/Corequisites: None.
Requirements: None.

Description
This course provides a frame of reference for using models in support of decision making in an enterprise, then introduces some of the more commonly useful modeling approaches and principles. Topics covered include modeling components, simulation, optimization, time series and causal forecasting, decision analysis, Monte Carlo simulation and quality management. The course emphasizes hands-on application of the techniques using commonly available software, and demonstrates the value of these approaches in a wide variety of functional settings.